NOT LISTED FOR SALE

18348 Exchange Ave Lansing, IL 60438

Lansing Area
8 Beds
4 Baths
-- Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: December 20, 2023

Last sale price $290,000

Highlights

  • 2 Car Attached Garage
  • Paved or Partially Paved Lot
  • 1-minute walk to Oakley Playlot
  • Baseboard Heating

About This Home

As of December 2023

BEAUTIFUL AND WELL MAINTAINED 4 UNIT BUILDING IN EXCELLENT LOCATION. ALL UNITS ARE BEING RENTED. THIS BUILDING CONSISTS OF 4-2 BEDROOMS AND 1-BATH UNITS. AMPLE PARKING SPACES ON THE SIDE AND BACK OF THE BUILDING.

Last Agent to Sell the Property

Gustavo Lopez

G & R Realty, Inc. License #471010643 Listed on: 11/15/2023

Last Buyer's Agent

Diana Nufio

You Properties LLC License #475193601

You Properties LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,343

Year Built

  • Built in 1973

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 77x126x73x102
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $164
  • Fuel Expense $1,649
  • Insurance Expense $2,057
  • Trash Expense $401
  • Water Sewer Expense $709
  • Gross Income $45,864
  • Net Operating Income $32,464

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,343

Year Built

Built in 1973

Lot Details

8,276 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1973
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street
  • ParkingTotal: 8
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard, Indv Controls
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Paved

Fee Information

  • Trash Expense: 401
  • Water Sewer Expenses: 709
  • Trash Expense Year: 2022

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.19
  • Lot Dimensions: 77X126X73X102
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 32464
  • Fuel Expense: 1649
  • Insurance Expense: 2057
  • ElectricExpense: 164
  • GrossIncome: 45864
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 11342.72
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Dec 20, 2023
Sold by
Bought by
Seller's Agent
Gustavo Lopez
G & R Realty, Inc.
Buyer's Agent
Diana Nufio
You Properties LLC
List Price
$290,000
Sold Price
$290,000
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
0.0744%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2014
Closed on
Dec 3, 2014
Sold by
Bought by
Seller's Agent
Kent Magnuson
Coldwell Banker Realty
Buyer's Agent
Gustavo Lopez
G & R Realty, Inc.
List Price
$214,900
Sold Price
$195,000
Premium/Discount to List
-$19,900
-9.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%

Purchase Details

Closed on
Mar 12, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 20, 1997
Sold by
Bought by

Purchase Details

Closed on
Nov 29, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$290,000 Fidelity National Title
$195,000 Fidelity National Title
-- --
$133,333 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $236,000
Closed $217,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2023 12/20/23 Sold $290,000 0.0% --
11/15/2023 11/15/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $290,000 +48.7% --
12/05/2014 12/05/14 Sold $195,000 -9.3% -- View Prior Sale
10/26/2014 10/26/14 Pending -- -- --
10/10/2014 10/10/14 For Sale $214,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,031 $29,000 $3,631 $25,369
2024 $14,031 $29,000 $3,631 $25,369
2023 $11,661 $29,000 $3,631 $25,369
2022 $11,661 $17,945 $3,204 $14,741
2021 $11,343 $17,943 $3,203 $14,740
2020 $10,527 $17,943 $3,203 $14,740
2019 $12,761 $22,415 $2,990 $19,425
2018 $12,525 $22,415 $2,990 $19,425
2017 $12,647 $22,415 $2,990 $19,425
2016 $10,490 $19,184 $2,776 $16,408
2015 $9,747 $19,184 $2,776 $16,408
2014 $9,612 $19,184 $2,776 $16,408
2013 $9,038 $20,073 $2,776 $17,297
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11931670

Midwest Real Estate Data (MRED)
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